Citing the example of Indian banks, Morgan Stanley's Ruchir Sharma said the public sector's share in the banking industry is two-thirds, which is way above the average of one-third in the emerging markets.

Continued caution remains the byword for most of the six-members of the Monetary Policy Committee, despite pressure by government officials and some economists to cut rates more aggressively after consumer inflation has remained below the RBI's 4 percent target since October.

They can also be a key intermediary between businesses in the shadow economy and those in the formal economy helping firms to manage their affairs, legalise and “come out of the shadows” says Director of Professional Insights, ACCA, Maggie McGhee.

Hedge fund managers are becoming bullish towards crude oil and refined fuels for the third time this year and must be hoping the signs of market rebalancing are real this time after early setbacks proved costly.

The Council, the highest policy making body on Goods and Services Tax (GST), has received requests for changes in tax rates on as many as 133 different products from an array of stakeholders, official sources said.

According to Edelweiss Investment Research, consumption and exports are boosting economic growth in the country. Nifty is expected to touch 11,500 in 2018. An economy enters the strongest phase of growth when stocks, bonds and commodities all rally together.

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They can also be a key intermediary between businesses in the shadow economy and those in the formal economy helping firms to manage their affairs, legalise and “come out of the shadows” says Director of Professional Insights, ACCA, Maggie McGhee.

Robin Banerjee, Managing Director and Executive Director, Caprihans India Ltd, a subsidiary of Bilcare Ltd and author of the book, Who Cheats and How? Scams, Frauds and the Dark Side of the Corporate World, talks to ET CFO about the best fraud management practices and the CFO’s role in these.